Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver Bullion vs Gold Bullion as an investment
>
Reply to Thread
Message:
<p>[QUOTE="myownprivy, post: 3429826, member: 84588"]I don't think it's unreasonable at all to pester the staff to reveal information about where to buy under spot. I don't think it's unreasonable to not reveal the information, either!</p><p><br /></p><p>My understanding is mints (or deep pockets) may buy contracts to get silver delivered at a particular price. That price will be under spot, as spot is the market price for an ounce of silver, not the mined cost of an ounce of silver. That price is determined at the time of sale, not the time of delivery.</p><p><br /></p><p>The purchasing party may then refine that silver, mint it into bullion or coins, or resell it on paper. If turned into bullion or coins it will be priced at the spot price at that moment. </p><p><br /></p><p>Am I missing anything here?[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 3429826, member: 84588"]I don't think it's unreasonable at all to pester the staff to reveal information about where to buy under spot. I don't think it's unreasonable to not reveal the information, either! My understanding is mints (or deep pockets) may buy contracts to get silver delivered at a particular price. That price will be under spot, as spot is the market price for an ounce of silver, not the mined cost of an ounce of silver. That price is determined at the time of sale, not the time of delivery. The purchasing party may then refine that silver, mint it into bullion or coins, or resell it on paper. If turned into bullion or coins it will be priced at the spot price at that moment. Am I missing anything here?[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver Bullion vs Gold Bullion as an investment
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...